Forums
Welcome to Live View – Take the tour to learn more
Start Tour
There is currently 1 person viewing this thread.
Danaho1212
18 Apr 23 15:28
Joined:
Date Joined: 18 Apr 23
| Topic/replies: 141 | Blogger: Danaho1212's blog
Hi Guys, I’m a new member and looking forward to the flat season…

But just wanted some thoughts on this subject…

I’ve been betting for over 50 years and decided to move with the times and go online so I opened an account with bet 365 as I thought their website was excellent to be fair and very easy to navigate which it was.

So I started with £100 soon lost that and then about another £400 over a few months winning and losing and I’m not a big hitter mostly £5 ew £10 ew £10 win £20 win mostly like trixies and Yankees at a push so not to big a punter…

Then last month I had a good run and was £1500 up but willing to give it back which I probably would have but all of a sudden email from 365 saying I’m now restricted which I couldn’t believe as they were taking my money ok but not wanting me to get into profit I guess but I was shocked as I say I don’t bet every day I like the flat big meetings only and know exactly my limits…

I’ve now gone to Betfair but I’m worried now is this a common habit with online bookies so I will now try Betfair and only horse racing odd football bet etc and will only stick with Sportsbook but I do fing the Betfair Betting page so erratic and hard to navigate it seems all o er the place is there a way of just having a Sportsbook page only as I will never use the exchange betting?

Thanks Everyone your help is much appreciated…

Danaho
Pause Switch to Standard View What was all that about from 365
Show More
Loading...
Report sparrow April 18, 2023 3:31 PM BST
Sportsbook?  Laugh
Report ItsMeSwaddle April 18, 2023 3:33 PM BST
You are correct in your assumption if your win the bookmakers will not tolerate it. Do not let anyone else tell you different.

This has transformed from "If you are regularly beating their prices against the SP" to just anyone doing that or even anyone winning at all, they dont bother check yer method now.

You might say what is your suggestion then?

I dont reeally have one other than placing your multiples MANUALLY on the Exchange as long as the race times don't clash. Yo'll also recieve better odds (remember the bookies just form their prices based on the Exchange minus a couple of %)
Report s.kenbo April 18, 2023 3:33 PM BST
Welcome aboard. Cool

Unfortunately it’s common practice with the bookies to restrict/ban anybody who looks like they know what they’re doing. Sportsbook won’t be any better either.

Try the exchange on here for your singles. Much better prices. No good for any trixies though.
Report Danaho1212 April 18, 2023 3:40 PM BST
So is exchange much better than Sportsbook guys? I’ve never even thought about using exchange?
Report snowynoon April 18, 2023 3:47 PM BST
you get much better prices on the exchange ,but you cannot do multiple bets ,sngles only ,backing,laying ,but no doubles,trebles ,yankees etc ,you have to switch to sportsbook for such bets .
Report sparrow April 18, 2023 3:56 PM BST
You can bet place only on the exchange and extra places on most races as well as laying also.
Report longbridge April 18, 2023 3:58 PM BST
"is there a way of just having a Sportsbook page only as I will never use the exchange betting"

Just bookmark

https://www.betfair.com/sport/

if that is what you really want to do.
Report Jumping-cuckoo-monk April 18, 2023 4:04 PM BST
Don't play exchange until you've watched tutorials. Keep stakes small as mistakes will not be rectified

Unless you are betfair and voler le vedette is running

.
https://betting.betfair.com/how-to-use-betfair-exchange/
Report hong kong fooey April 18, 2023 4:17 PM BST
It wont take many winners from  you to be restricted on the sportsbook. Im allowed to win a whole £10 on any single. They are a joke.
Report Danaho1212 April 18, 2023 4:33 PM BST
Thanks to all of you for your help and advice I will probably just stick to normal Sportsbook betting for my trixie Yankee bets but I do wish the page was not so hard to look it it hurts my eyes it’s got so much on it
Report Whippin Piccadilly April 18, 2023 4:34 PM BST
i]I’m now restricted which I couldn’t believe as they were taking my money ok but not wanting me to get into profit[/i]


Welcome to our world Dan! If you show even a modest profit from you betting or you give the impression you look like you might know a bit about the game, your account will be placed in the Bermuda Triangle!
There really should be a law in place that forces bookmakers to take bets, especially at the Big Meetings, it should be part of the licensing process. But this or any other Government aren't interested in doing something that would ACTUALLY help punters.

If you're pressed for time during the day? I would suggest you use BetfairSP on the exchange. But like Swad said, if you wish to do multiples, you would have need to do them manually. You could try the Sportsbook but it won't be long before you run into the same issue you've had with B365
Report Danaho1212 April 18, 2023 4:43 PM BST
Thanks whippin…Is it wise then if you win a few to take your winnings out straight away (Assuming I Win A Few Bob) and keep the bank low each time?
Report ItsMeSwaddle April 18, 2023 4:55 PM BST
Makes no diff whatsoever.

If you are taking £ off them with any sign of a system.
Report hulk23 April 18, 2023 4:57 PM BST
depends on the price you're taking as to whether you'll get gubbed or not.  and that itself shows how much nous you have.  if you have £50 at 7/4 and it wins at 9/2 you're fine, even though it won you've shown signs of muggery by backing a 9/2 shot at 7/4 (even though it won).

have £50 on at 9/2, wins at 7/4.  check your emails, there's one there from them telling you to fk off.
Report Storm Alert April 18, 2023 5:04 PM BST
Danaho1212 - Having had several accounts closed and even more restricted, I am now careful to make my bets as obfuscated as possible. VCBet, **** and, Betbright restricted because according to them I only took advantage of their promotions, in the case of Betbright I had only won a few hundred. I've got several letters/emails and should frame them in a montage like a bage of honour. Cool  I've managed to keep my Bet365 and Skybet accounts going, although Bet365 seem to restrict me with some of their promotions nowadays. Wasting the odd £50 from time to time in the gaming area I think helps, as it gives them a bit of dilemma i.e. knowledgable controlled punter vs mug.

Betfair exchange recently started excluding me from promotions but after complaining several times it seems to have been rescinded. CS told me I had fallen foul of their metric algorithm, so I guess there is an automated process going on.
Report sparrow April 18, 2023 5:08 PM BST
Yes you can get promotional bets if you pay extra commission.
Report Storm Alert April 18, 2023 5:12 PM BST
I don't know if you know the answer to this sparrow. I have a fairly substantial bet which might pay out May, if I switch to 2% commission for next month, will Betfair settle at 2% even though the bets for struck Dec-Jan?
Report onlooker April 18, 2023 5:24 PM BST
That is an intriguing scenario - Storm Alert

My initial thought DURING reading your post - was the same as the end of your post.

However - That would, presumably, need the Software to be written so as to 'capture' your 'early bet' - and is that an 'in situ program'?

More pertinently, though ...

What on earth (OVERALL) Financial Gain can you be getting from occasional Promotions - (in order) to SACRIFICE 3% of Commission on ALL your other bets?

Surely that cannot be 'A Runner'.
Report sparrow April 18, 2023 5:24 PM BST
I wouldn't have thought so storm, but someone else might know better than me.
Report jimnast April 18, 2023 5:35 PM BST
The real bonus about joining the betfair forum and betfair is that everyone wins so welcome aboard danaho all you now need to do is plan on what you will spend it on.

Cuckoos 404 post is very accurate about only betfair been allowed to make mistakes and not need to pay.
Report Hayden April 18, 2023 5:41 PM BST
I'd be fairly certain the commission when bet placed would apply storm , sure it's not possible to change commission rates to suit ante-post potential.

Hope i've understood the question correctly.

Good luck whatever the bet is   Happy
Report Storm Alert April 18, 2023 5:41 PM BST
Laziness on my part onlooker, I've not checked the figures. I got a bit disillusioned with the exchange liquidity a few years ago and was asking for prices and sometimes not getting matched on "keep" so started betting with traditional bookies again. On 5% commission I got £40 + £40 free bets across exchange/sports book for Cheltenham this year, which is a fair bit of commission to recover at my stakes.
Report Danaho1212 April 18, 2023 5:43 PM BST
Thanks Everyone interesting reading…Bloody poor set up though no wonder racing is struggling with online giving you promos etc and want your money but as soon as you win they treat you like that it should not be allowed but Thankyou for all your help and info everyone it has been great reading …Catch you all soon on the forum. All the best of luck.

Dan
Report freddiewilliams April 18, 2023 5:47 PM BST
Stick a few footy bets on from time to time.
Only way to keep a 365
Report jimnast April 18, 2023 5:51 PM BST
The bha are going to rescue the online bookmakers by making small independent racecourses start at 10 am and 4 pm on there traditionally busy summer Saturdays where the same race goers have gone for many years,there idea is to help them increase turnover they don’t seem to believe there are thousands of punters been given very heavy restrictions on what bet they request.

The bha are quite happy to allow some racecourses to shut and race goers never to return in order to help increase turnover instead of encouraging the online and betting shops to allow people to have more on.
Report Hayden April 18, 2023 6:19 PM BST
Spot on Freddie

Bookmakers always look on accounts favourably when they see Soccer or Slots being played with regularity.
Report hulk23 April 18, 2023 7:56 PM BST
few bets on elvis tesley and dan druff at the virtual speedway will get your algorithm going the right way ...
Report casemoney April 18, 2023 8:38 PM BST
LaughHulks advice Spot on , 365 dreadful for restrictions ,Ladbrokes as Bad ,Seems dreadful to have done this to Dan if only occasional big meeting Punter ,stakes and Multis hardly something you would think would bother them ,is it a Human or Bot that Restricts accounts ?
Report Danaho1212 April 18, 2023 8:50 PM BST
They reckon it was algorithms that stopped me betting which is ridiculous considering when I asked why there response was…

You may be allowed back to normal after a while…As if I was some big punter that’s what made me laugh…

Dano
Report hulk23 April 18, 2023 8:59 PM BST
last month I had a good run and was £1500 up

denise goes for a p!ss, she comes back £3800 up .... (based on 2020 earnings)
Report hulk23 April 18, 2023 9:01 PM BST
7k up for a jobby ...
Report The Knight April 19, 2023 10:50 AM BST
Very, very often forgotten that you CAN do multiple bets on the exchange.

Simply back each horse on its own with the stakes running up.

So, the simplest example is, say, a £10 win double. £10 on first horse at whatever odds. It wins so take winnings plus £10 stake and place on next horse. Voila...double achieved.

Now, it must be remembered that commission will be paid separately on each leg of a multiple using this method but with the better odds on offer that is compensated.

Also, for anything more than 3 doubles and a treble it becomes pretty complicated to execute but then again, the more exotic multiples are extremely hard to land and should only ever be regarded as fun bets anyway.

As for the conventional bookies restricting so quickly, well let's hope the long awaited online gambling white paper review comes out soon and slaughters the bookies when it comes to online casino and slot games. If they find that lucrative income stream severely restricted it might see a return to some form of proper bookmaking on the horses again!
Post Your Reply
<CTRL+Enter> to submit
Please login to post a reply.

Wonder

Instance ID: 13539
www.betfair.com